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Pizza Hut 25 New Clyde Hwy

3,596 SF Retail Building Canton, NC 28716 $1,150,080 CAD ($320 CAD/SF) 6% Cap Rate

Investment Highlights

  • New 17-Year Lease | Tasty Hut, LLC - Strong Operator | Annual Rental Increases | Options to Extend
  • Located Along New Clyde Hwy (17,700 VPD) | Canton Middle School (499 students) | Strong National/Credit Tenant Presence
  • Absolute NNN | Zero Landlord Responsibilities | Fee-Simple Ownership
  • Demographics 5-Mile Trade Area | Direct Consumer Base

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,596 SF
Building Class
B
Year Built
2009
Price
$1,150,080 CAD
Price Per SF
$320 CAD
Cap Rate
6%
NOI
$69,005 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.57 AC
Zoning
General Commercial
Parking
47 Spaces (13.07 Spaces per 1,000 SF Leased)
Frontage
259 ft on New Clyde Highway

Amenities

  • Pylon Sign
  • Restaurant
  • Signage
  • Drive Thru

Nearby Major Retailers

Food Lion
First Citizens Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8657-30-3859
Land Assessment
$293,780 CAD
Improvements Assessment
$937,793 CAD
Total Assessment
$1,231,573 CAD
  • Listing ID: 34425670

  • Date on Market: 2025-01-09

  • Last Updated:

  • Address: 25 New Clyde Hwy, Canton, NC 28716

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